CANADA STOCKS-TSX set to open higher, inflation data eyed

Fri Sep 19, 2014 7:17am EDT
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Sept 19 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Friday ahead of the country's inflation data.

December futures on the S&P TSX index <0#SXF:> were up 0.26 percent at 0715 ET.

CPI inflation and wholesale trade data are due at 0830 ET .

Canada's main stock index ended little changed on Thursday as a drop in shares of gold miners amid weakness in the price of bullion was offset by a jump in TransCanada Corp.

Dow Jones Industrial Average e-mini futures were up 0.39 percent at 0715 ET, while S&P 500 e-mini futures were up 0.27 percent. Nasdaq 100 e-mini futures were up 0.39 percent. (Morning News Call newsletter; The Day Ahead newsletter


TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.

Bank of Montreal was sued on Thursday by a trustee liquidating two Florida funds that claimed to have lost money in a Ponzi scheme operated by Minnesota businessman Thomas Petters.   Continued...